2024 Maximum 401k Contribution Over Age 50 . That limit also applies to 457, 403 (b) and the federal. For 2024, the limit for 401 (k) plan contributions is $23,000, up from $22,500 last year, according to the irs.
The 401 (k) compensation limit is $345,000. The total maximum that can be tucked away in your 401 (k) plan, including employer contributions and allocations of forfeiture, is $76,500 in 2024.
2024 Maximum 401k Contribution Over Age 50 Images References :
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401k Max 2024 Contribution Over 50 Shel Yolane , Savers will be able to contribute as much as $23,000 in 2024 to a 401(k), up from $22,500 in 2023, an increase of $500 from 2023.